posted
So let me get this straight, the only ones shorting this is the MM's. They are buying at .0001 and covering for less than .0001, lets .00001. So who is buying at .00001. It has to be the MM's because we as the general public cant. SO the MM's are shorting amongst them selves. That is the worst conspiracy theory I have heard and I LOVE conspiracy theories. Just my opionion. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
IP: Logged |
quote:Originally posted by tmanfromtexas: So let me get this straight, the only ones shorting this is the MM's. They are buying at .0001 and covering for less than .0001, lets .00001. So who is buying at .00001. It has to be the MM's because we as the general public cant. SO the MM's are shorting amongst them selves. That is the worst conspiracy theory I have heard and I LOVE conspiracy theories. Just my opionion. TMAN...
99% of trades are short sales at .0001.
Its been the same 3 mms shorting since day 1.
Trades at .00001 are market sells and probably mistakes by newbies. They are like 0.1% of trades. Just look at the daily charts.
PAIM is 0/.0001 now. There is no bid. Every other mm has plenty of shares.
If your theory is that PAIM or somebody is selling then make your case. Were listening...
IP: Logged |
posted
i've finally sold all my shares.. i was so happy with the loss of just commissions.. the only thing that's annoying is the gazillion div shares.. i wish i could just delete that
quote:Originally posted by lostone: i've finally sold all my shares.. i was so happy with the loss of just commissions.. the only thing that's annoying is the gazillion div shares.. i wish i could just delete that
quote:Originally posted by tmanfromtexas: So let me get this straight, the only ones shorting this is the MM's. They are buying at .0001 and covering for less than .0001, lets .00001. So who is buying at .00001. It has to be the MM's because we as the general public cant. SO the MM's are shorting amongst them selves. That is the worst conspiracy theory I have heard and I LOVE conspiracy theories. Just my opionion. TMAN...
99% of trades are short sales at .0001.
Its been the same 3 mms shorting since day 1.
Trades at .00001 are market sells and probably mistakes by newbies. They are like 0.1% of trades. Just look at the daily charts.
PAIM is 0/.0001 now. There is no bid. Every other mm has plenty of shares.
If your theory is that PAIM or somebody is selling then make your case. Were listening...
7, lol, give it up...how can a pps of .0001 be shorted?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
No 7, I am trying to say is that when you short a stock from lets say .10 and you ride it down to .0001 then you have made absolutely the most money possible on the short. So why would anyone try and short a stock that is at its rock bottom 1/1000 of a penny? Where are they going to short it to? Absolutely no where is the answer and that is what I was getting at. You and the lady who supposedly runs this company are saying its shorted. the short cant be shorted no more. . Have a nice evening. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
IP: Logged |
posted
It was shorted back when it was .0003 and 4. And PAIM called them on it and issued the divy's. Now those that shorted are going to have to come up with the divy's for those that believe that that are holding real PAIM shares. Shorts are hoping that all the people that were shorted are cutting their losses and moving on and writing off the divy's.
That's the way I see it anyway. Someone who knows better let us in on what has really happened.
IP: Logged |
posted
Hey Bobcat, I think that if you were a share holder of record at the time of the divy you will receive your divy whether you hold it after that day or not. 7 We are still waiting for your response. Have a great evening everyone. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
IP: Logged |
posted
It doesn't matter to me if PAIM is shorted, not shorted... whatever. If the MMs created a problem for themselves... well, then that's their problem, not mine.
The MMs listed on the bid of 0 are waiting for handouts - from market sellers. However, there's a lot more going on below that .0001 than what most peeps understand or even need to know. The 'what' is unimportant for long term holders, the 'when' is significant for long term buyers. If you want out at .0001, put your gtc in there and wait. You'll get out.
I stash 20% of all profits in an account which is fondly named 'sock drawer' - holding period of 2-5 years. ATrade is just too expensive for multiple buys. PAIM is now one of those socks, along with GSHF at avg .048, INSQ at avg .0011, CRGO, and 17 others. My last buy on PAIM was routed through NITE with immediate execution, so you guys just keep waiting at 1.
Buying is taking place at 1, not shorting, so hang on.
One 'almost basher' comment from me... I wish PAIM would have put that short report money to better use. This is soooo temporary.
posted
TMan, I think this is the deal, but I may not have it 100% accurate.
MMs short stocks at .0001 and continue to short it so it won't go up over .0001 because they just keep selling at that price. Eventually in order to have any chance of rising above it, the company has to do a reverse split. Say they do a 10-1 split now each .0001 share is "worth" .001, but the price will never really get there, and so the MMs can cover their ".001" shares at, for example .0005. They've made 50% at that point.
I think the point some people are trying to make is that the PAIM CEO is vowing not to do a reverse split, and so eventually the MMs shorting the stock will have to cover, and the price will rise.
Anyway, that's my understanding of the whole thing, but like i said, I may be wrong. Does it make sense though?
quote:Originally posted by tmanfromtexas: No 7, I am trying to say is that when you short a stock from lets say .10 and you ride it down to .0001 then you have made absolutely the most money possible on the short. So why would anyone try and short a stock that is at its rock bottom 1/1000 of a penny? Where are they going to short it to? Absolutely no where is the answer and that is what I was getting at. You and the lady who supposedly runs this company are saying its shorted. the short cant be shorted no more. . Have a nice evening. TMAN...
posted
Conceivably, a stock could be shorted to .0001. But from there, how could they mark it as a short sale? Who would believe--among oversight personnel--that they could buy at lower prices to cover?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
posted
I take it everyone on this board is falling for the "our stock's PPS is because of short selling." get real people. the divy's had been given out. has it done anything to the "shorts"? nope, i sure haven't seen anything but .0001. it is funny that the scams are now screaming "short selling" because it is easy and investors believe it. Why do you invest in ANY company that has an unlimited A/S. does that make ANY sense other than have SCAM written all over it. I know that i will get yelled at because of the post but that is because people have lost so much money in this pig. OPEN YOUR EYEZ. greed fogs peoples site a lot i have seen. maybe i need to start a shell and just dilute it to nothing. can you say .....CMKX then there was QBID now you have PAIM.
posted
Mms shorting the OTC never borrow shares and they never have any intention to cover. Havent u boys learned anything? Since mms dont borrow shares, its called naked shorting and is supposed to be illegal. I know the SEC doesnt care, they want the otc to go away. So since naked shorting is already illegal they skip on the covering as well. So they end up permanently short billions of shares. Pinkies are crap to them so they dont think they will ever go up. PAIM shorts would like to get off the ask, so they could cover if they wanted to. But they are still on the ask all day, selling 100s of millions of shares. They want the volume to go down but, as gold goes up, so does paim volume. PCola is right about the reverse, the shorts like that, but even then there is no one to force them to cover, so they dont. If the pps is down 99% from where they shorted, who cares? Its never going up. CEOs conspire with mms in this.
Bottom line, shorts just want our money. Thats their business. Trading the "spread" is a very hard way to make money.
Pearl just wants the price to go to say .01 so she can sell some shares to fund the mining.
I dont think anybody would "dump" shares down here at .0001. Anyway, short deny the right to dump shares bcs. they dump first.
I think the number of short shares on the pinksheets is about
243,455,000,000,000
approximately.
Both RSHN and USXP went up bcs. they were shorted, and they are only shells. I made a little cash on both.
IP: Logged |
posted
Intimatrader thank you for the information and the tip. Being new at this, I have to wonder how well I did picking the once that I did. Have a great evening.
IP: Logged |
quote:Mms shorting the OTC never borrow shares and they never have any intention to cover. Havent u boys learned anything? Since mms dont borrow shares, its called naked shorting and is supposed to be illegal.
I understand the concept. But they still have to record the transaction as a short... lol, i don't care if this lotto play pays off for everybody. I'm asking for explanations of the mechanics of how an MM could short-sell at .0001. That's all--just a question.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
IP: Logged |
quote:Mms shorting the OTC never borrow shares and they never have any intention to cover. Havent u boys learned anything? Since mms dont borrow shares, its called naked shorting and is supposed to be illegal.
I understand the concept. But they still have to record the transaction as a short... lol, i don't care if this lotto play pays off for everybody. I'm asking for explanations of the mechanics of how an MM could short-sell at .0001. That's all--just a question.
The short is recorded. Shorts owe any divies, but are only forced to pay cash divs such as from CBAY. If the stock goes up a lot, they must cover due to huge losses. But if it doesnt go up or reverses, they never cover. How else do you think all these stocks trade at .0001 for years?
IP: Logged |
posted
7, so what your saying is that the shorts havent covered even though the divi was paid out. and that the shorts arent gonna cover even though they have shorted as far as they can. Doesnt add up to me but thats ok. Good night all TMAN...
-------------------- In the end, trust only yourself when trading stocks.
IP: Logged |
quote:Originally posted by bmwboyee: I take it everyone on this board is falling for the "our stock's PPS is because of short selling." get real people. the divy's had been given out. has it done anything to the "shorts"? nope, i sure haven't seen anything but .0001. it is funny that the scams are now screaming "short selling" because it is easy and investors believe it. Why do you invest in ANY company that has an unlimited A/S. does that make ANY sense other than have SCAM written all over it. I know that i will get yelled at because of the post but that is because people have lost so much money in this pig. OPEN YOUR EYEZ. greed fogs peoples site a lot i have seen. maybe i need to start a shell and just dilute it to nothing. can you say .....CMKX then there was QBID now you have PAIM.
GLTA
Great post - It's glad to see someone here has a grip on reality.
IP: Logged |
posted
For the record, I was just explaining the concept of short selling at .0001, I wasn't in any way saying i believe that's what's going on, or that anyone else should buy. I bought $1K worth a while ago at .0001, sold half at .0002, and so worst case scenario for me is if I can never sell at all, I break even. Buying at .0001 isn't somethign I'd recommend others doing until somethng tangible happens, but I'm perfectly content holidng my free shares on the off chance something big does happen.
Good luck to anyone else who's doing the same.
IP: Logged |
posted
Why do you think they are ready to shoot? Everything I look at tells me they are only increasing their OS and debt. 10M in losses in 05. Still no reported revenues that I can find on any of there oil production BPD. Let me know where you are finding positive info. Looks like a potential 07 stock.
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Razz]](tongue.gif)
LOL
